Log in



Lost your password?
  • FREE TRIAL
  • ABOUT
    • About EnerKnol
    • Company News
    • Careers at EnerKnol
    • Press
  • PRODUCT
    • About the EnerKnol Platform
    • Why EnerKnol
    • Source Coverage
    • Get Access to the EnerKnol Platform
  • ANALYST RESEARCH
    • Renewables
    • Environmental Markets
    • Fossil Fuels
    • Power & Utilities
    • View All Research
    • Get EnerKnol Research
  • EVENTS
    • EnerKnol Calendar
    • New York Energy Week
  • NEWS
  • SUBSCRIBE
MENU
Login

Access the EnerKnol platform

EnerKnol
EnerKnol is the leading provider of regulatory data, analytics, and tracking software for North American energy markets
EnerKnol
  • FREE TRIAL
  • ABOUT
    • About EnerKnol
    • Company News
    • Careers at EnerKnol
    • Press
  • PRODUCT
    • About the EnerKnol Platform
    • Why EnerKnol
    • Source Coverage
    • Get Access to the EnerKnol Platform
  • ANALYST RESEARCH
    • Renewables
    • Environmental Markets
    • Fossil Fuels
    • Power & Utilities
    • View All Research
    • Get EnerKnol Research
  • EVENTS
    • EnerKnol Calendar
    • New York Energy Week
  • NEWS
  • SUBSCRIBE
Search:
PSEG Plans to Invest $17 Billion in New Jersey to Modernize Energy System, Boost Renewables

The Public Service Enterprise Group Inc. announced plans on May 31 to invest as much as $17 billion through 2022 in energy grid modernization and clean energy programs in New Jersey. The company plans to spend $2.5 billion to extend its Energy Strong program aimed at improving reliability and resiliency by bolstering electric and gas facilities against storms and expanding grid technology. The plan includes $2.5 billion for energy efficiency, $300 million for smart electric vehicle infrastructure, and $100 million for utility-scale energy storage to expand renewables and enhance resiliency. The company said it has retired about 4,000 megawatts of less-efficient fossil fuel power plants over the last five years and will continue to transition to cleaner generation fleet. The investments are expected to allow for annual growth of 8 to 10 percent in the company’s rate base.

May 31, 2018
Share
TweetShare on Twitter Share on FacebookShare on Facebook Share on LinkedInShare on LinkedIn

Post navigation

PreviousPrevious post:Michigan Senate Urges State to Explore Adding Energy Storage to the GridNextNext post:Colorado Enacts Legislation to Pave Way for Utilities to Invest in Energy Storage

Related Research

Week Ahead: NY’s Renewable Energy Permitting Rules, CT Explores New Nuclear Technologies, Gulf of America Lease Sale
December 5, 2025
Vermont Legislation Creates Initiatives to Cut emissions From Thermal Energy, Transportation Sectors
Trump Administration Proposes to Roll Back Fuel Economy Standards
December 5, 2025
Ohio Lawmakers Pass Bill to Revoke $1.1 Billion Nuclear Subsidy
U.S. Energy Department Awards $800 Million for Small Modular Reactor Projects in Tennessee and Michigan
December 3, 2025
solar panels wind turbines with clouds sky renewable energy 1
MISO Advances 15 New Projects Through Accelerated Interconnection Review as Reliability Pressures Mount
December 2, 2025
EnerKnol Research PU Visual Primer Trumps Fossil Fuel Push 2025 12 02 Blog preview
Federal Policy Shifts Reinforce U.S. Fossil Fuel Push
December 1, 2025
EnerKnol Research PU Visual Primer Trumps Fossil Fuel Push 2025 12 02 Blog preview
Visual Primer: Federal Policy Shifts Reinforce U.S. Fossil Fuel Push
December 1, 2025
Colorado Passes Bill Aiming for 90 Percent Emissions Reduction by 2050
EPA Finalizes Extensions of Methane Emission Requirements for Oil and Gas Industry
December 1, 2025
New York Advances $485 Million Transmission Project to Enhance Grid Reliability, Support Renewables
New York Launches $300 Million POWER UP Program to Prepare Industrial Sites for Advanced Manufacturing
December 1, 2025
  • Renewables
    • Biofuels
    • Electric Vehicles
    • Hydropower
    • Nuclear Power
    • Solar Power
    • Wind Power
  • Environmental Markets
    • Carbon Markets
    • Emissions
  • Fossil Fuels
    • Coal Power
    • Natural Gas
    • Oil
  • Power & Utilities
    • Energy Efficiency
    • Energy Storage
    • Retail Power & Gas
    • Smart Grid
    • Wholesale Markets

Subscribe To Our Research Newsletter!


First Name *
Last Name *
Email Address *
Phone *
Company *
Job Title *
Select any sectors you're interested in

Submit Form
https://enerknol.com/?p=27505
EnerKnol
Copyright (C) EnerKnol, Inc. | 175 Greenwich Street, FL-38 New York, NY 10007 | (212) 537-4797 | sales@enerknol.com | Terms & Conditions       Visit EnerKnol on YouTube  Visit EnerKnol on Facebook  Visit EnerKnol on Twitter  Visit EnerKnol on LinkedIn